P.M. Edition for Nov. 10. A settlement between merchants and Visa and Mastercard over interchange fees would let stores reject popular credit cards. WSJ reporter AnnaMaria Andriotis, who covers banking for the Journal, discusses why that’s a big change in the industry that could change how often you use premium credit cards. Plus, the longest government shutdown in U.S. history has an end in sight–and Democrats fuming at members of their own party. And while Hollywood box office has been in the doldrums after the pandemic, IMAX is an increasingly hot ticket. Alex Ossola hosts.
Plus: Transportation authorities ground MD-11 planes after a fatal crash in Kentucky. And video-sharing platform Rumble says it will acquire an artificial-intelligence infrastructure company for $970 million dollars. Anthony Bansie hosts.
Wall Street didn’t take kindly to the financial reports from Axon, Trex, and Warby Parker. Should investors be buying amid the bloodbath? We answer that question on today’s show.
Emily Flippen, Jason Hall, and Tim Beyers:
- Report what Wall Street didn’t like about AXON, TREX, and WRBY earnings.
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- Play another game of Faker or Breaker.
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Around the world many nations are facing a full-blown depopulation crisis. In the U.S. birth rates have steadily declined and the U.S. fertility rate is now well below replacement level. Some parts of the country are already experiencing population loss, aging demographics, and labor shortages. What needs to happen to change the population decline before it’s too late?
Plus: Instacart reported higher third-quarter revenue and profit. And a group of Democratic senators scrutinize higher electric bills, partly attributing them to the AI boom. Julie Chang hosts.
The very online crowd is very upset, but Dems did fight like Republicans. This was a longer shutdown than anything the Tea Party pulled and real pain was being caused. And Democrats have now made the cost of healthcare front and center—while Republicans keep showing that they are the party of billionaires, Mar-a-Lago soirées, and golden ballrooms. Plus, President Al Capone pardoned all the people who tried to help him steal the 2020 election, pro-democracy Americans must stay united against the evil of the administration’s deportation policy, and the effort to keep POTUS in a bubble backfired big time Sunday night at the Commanders’ stadium.
Groceries cost more than ever, and the high prices couldn’t come at a worse time. Nearly two million Illinois residents depend on SNAP benefits, which are now being cut as the government shutdown drags on. How are Chicago-area residents filling the gap, especially with holidays around the corner? In the Loop checks in with Chicago Sun-Times consumer investigations reporter Stephanie Zimmermann, Wicker Park resident Gale Hethcoat and Common Pantry executive director Margaret O’Conor.
For a full archive of In the Loop interviews, head over to wbez.org/intheloop.
An NPB News poll from October suggests that 63 percent of registered voters believe the Trump administration has fallen short when it comes to the economy.
Democrats’ case for the government shutdown was just starting to break through to voters. Why fold now?
Thoughts? Guest suggestions? Email us at ezrakleinshow@nytimes.com.
You can find the transcript and more episodes of “The Ezra Klein Show” at nytimes.com/ezra-klein-podcast. Book recommendations from all our guests are listed at https://www.nytimes.com/article/ezra-klein-show-book-recs.html
This column read was produced by Kristin Lin. Fact-checking by Jack McCordick. Our senior engineer is Jeff Geld, with mixing by Isaac Jones. Our executive producer is Claire Gordon. The show’s production team also includes Marie Cascione, Annie Galvin, Michelle Harris, Rollin Hu, Marina King, Emma Kehlbeck and Jan Kobal. Original music by Aman Sahota and Pat McCusker. Audience strategy by Kristina Samulewski and Shannon Busta. The director of New York Times Opinion Audio is Annie-Rose Strasser.
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